REG - JPMorgan Global - Dividend for the year to 30th June 2026

Jpmorgan Global Growth & IncomeAnnouncement

03/07/2025 07:00

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RNS Number : 5025P  JPMorgan Global Growth & Income PLC  03 July 2025

London Stock Exchange Announcement

 

JPMorgan Global Growth & Income plc

(the 'Company' or 'JGGI')

 

Dividend for the year to 30th June 2026

 

Legal Entity Identifier: 5493007C3I0O5PJKR078

Information disclosed in accordance with DTR 6.1.13

 

The Board is pleased to announce that it intends to pay dividends totalling
23.0 pence per share (5.75 pence per share per quarter) in relation to its
financial year commencing 1st July 2025. This is in line with its policy of
paying at least 4.0% of the Company's net asset value as at 30th June 2025 and
represents an increase of 0.9% on the last financial year's total dividend of
22.80 pence per share.

 

It is expected that the dividends will be paid by way of four equal
distributions, with the first interim dividend for the financial year ending
30th June 2026 of 5.75 pence per share (for the period to 30th September
2025), being paid on 7th October 2025 to shareholders on the register at the
close of business on 29th August 2025. The ex-dividend date is 28th August
2025. The three other dividends are expected to be paid in December 2025,
April and June 2026.

 

James Macpherson, Chairman, commented:

 

Your Company has seen a fall of 3.1% in its NAV (in capital terms) over the
twelve months to 30th June 2025, based on the unaudited NAV. Despite this, the
Board has decided to opt for a dividend of 23.0p for the 2026 Financial Year,
which represents a year-on-year increase of 0.9%, recognising both the
importance of the dividend to our investors and the long-term success of the
Company.

 

Since we adopted the enhanced dividend policy in 2016, shareholders in the
Company have seen an increase in their dividends of 619%, equivalent to almost
22% per annum. Nevertheless, shareholders should be aware that the Company
does not have a progressive dividend policy.

 

Our Portfolio Managers are unconstrained by the requirement to achieve a
certain level of income and this allows them to select the 'best' stocks,
rather than those that fit a specific income portfolio. Our capacity to
part-fund dividends from our significant level of realised capital profits
provides JGGI with the means to meet our shareholders' desire for income,
combined with clarity over dividend payments for the coming year. The
Company's distributable reserves stood at £2.3 billion as at 31st December
2024.

 

As a reminder, the Company offers the option for shareholders to invest their
dividend in a Dividend Reinvestment Plan ('DRIP'), which is managed by the
Company's registrar. For details on the DRIP, please contact the Company's
Registrar, Computershare Investor Services.

 

The key dates relating to this dividend are given below:

 

 Ex-dividend date             28th August 2025
 Record date                  29th August 2025
 Last date for DRIP election  16th September 2025
 Payment date                 7th October 2025

 

For and on behalf of

JPMorgan Funds Limited, Secretary

 

3rd July 2025

 

For further information:

JPMorgan Funds Limited - Company Secretary

E-mail: jpmam.investment.trusts@jpmorgan.com
(mailto:jpmam.investment.trusts@jpmorgan.com)

Telephone: 0800 20 40 20 (or +44 1268 44 44 70)

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